Spring fur Tokio Hotel

If you're not a TH fan... SHOOT YOURSELF!!!
 
HomePortalFAQSearchRegisterMemberlistUsergroupsLog in

Share | 
 

 Economic restructuring and debt

View previous topic View next topic Go down 
AuthorMessage
kosovohp
Our friend
Our friend


Number of posts : 201
Age : 27
Registration date : 2010-10-01

PostSubject: Economic restructuring and debt   Fri 03 Dec 2010, 06:26

In January 2000, Niger's newly elected government inherited serious financial and economic problems including a virtually empty treasury, past-due salaries (11 months of arrears) and scholarship payments, increased debt, reduced revenue performance, and lower public investment. In December 2000, Niger qualified for enhanced debt relief under the International Monetary Fund program for Highly Indebted Poor Countries and concluded an agreement with the Fund on a Poverty Reduction and Growth Facility (PRGF).[9]

In addition to changes in the budgetary process and public finances, the new government has pursued economic restructuring towards the IMF promoted privatization model. This has included the privatization of water distribution and telecommunications and the removal of price protections for petroleum products, allowing prices to be set by world market prices. Further privatizations of public enterprises are in the works.

In its effort comply with the IMF's Poverty Reduction and Growth Facility plan, the government also is taking actions to reduce corruption and, as the result of a participatory process encompassing civil society, has devised a Poverty Reduction Strategy Plan that focuses on improving health, primary education, rural infrastructure, and judicial restructuring.[9] A long planned privitisation of the Nigerien power company, NIGELEC, failed in 2001 and again in 2003 due to inaudibility to line up buyers. SONITEL, the nation's telephone operator, hived of the post office and privatised in 2001, was renationalised in 2009.

passport
alternator
Back to top Go down
View user profile
 
Economic restructuring and debt
View previous topic View next topic Back to top 
Page 1 of 1

Permissions in this forum:You cannot reply to topics in this forum
Spring fur Tokio Hotel :: Stuff :: Spring videos-
Jump to: